Introducing a maintained gem in the heart of Sarasota Florida! This home showcases timeless charm and boasts a brand-new roof June 2024, offering peace of mind for years to come. With a spacious 3, 972 square feet of living space, this property is perfect for families seeking ample room to grow and create lasting memories.
Step inside of this 5-bedroom, 3-bathroom residence. The generous layout includes a bonus room, providing endless possibilities for a home office, gym, or even a playroom for the little ones. Storage will never be an issue, as this home offers an abundance of space to accommodate all your belongings.
Nestled on an oversized lot, the outdoors beckon with its expansive grounds, offering endless opportunities for outdoor activities and entertaining. Imagine hosting barbecues, playing catch, or simply enjoying the Florida sunshine in your own private oasis.
But wait, there's more! This residential property also comes with a unique advantage - a separate commercial building with two units, spanning a generous 1, 140 square feet. This additional space presents an incredible opportunity for those looking to generate rental income or establish a home-based business.
Don't miss out on the chance to own this remarkable property that combines the best of residential and commercial possibilities.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $742 | $742 | $742 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,486 | $6,403 | $8,780 |
Total Monthly Payment | $7,353 | $7,270 | $9,647 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.